Although Vietnam is a major textiles and garment exporter, the added value in the industry is very low compared to the potential of the industry. Exports of textiles and apparels are expected to reach around US $40.3 billion in 2023 for which, imported raw materials and accessories accounted
The Vietnamese textile and garment export sector which has been witnessing a declining trend since the beginning of this year is seeking assistance from the government to navigate the challenges. “Textile and garment exports started slowing down in the final months of 2022, and there haven’t been any signs of improvement,” Le Tien Truong, Chairman […]
Vietnam and South Korea have signed a Memorandum of Understanding (MoU) to increase cooperation in the textile and garment sector. A MoU was signed between the Vietnam Textile and Apparel Association (VITAS) and the Korea Federation of Textile Industries (KOFOTI) this week. The signing ceremony took place on the sideline of ‘Preview in Seoul 2023’ […]














